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Auto Industry Manufacturer Seeks Strategic Partner

Tennessee - United States

Manufacturing

Description

Very impressive company (located in the central United States) that manufacturers the formed tube components critical to all-sized radiators and heat exchange devices in the automotive and trucking industry. As well, they engineer and build the massive tube mills capable of the same, for larger vehicle producers and the OEM suppliers who can afford them.

Their UK manufacturing division was formed in 2013. The major automotive manufacturers are demanding bandwidth the company is not yet capable of, as they are in recovery from a poor 2015. The company has a strong market share and competitive advantages but encountered a series of problems- 2014-2015 swing in the currency exchange- overseas competitors had pricing advantages, and the company continued to take on the development of new designs to maintain relationships (for overseas customers).

2016 returns are positive, but EBITDA in 2015 was negative. The Board of Directors has authorized the search for a strategic partner wishing to invest for 51% ownership or more. Today, it is a company of $8 million in gross revenues, but we are projecting $9M in 2017, and strong growth shortly thereafter to $15M or better. It is a great opportunity to build a stronger position in a competitive market. Please contact me for more information. Thanks for any consideration.

This Company is primarily a contract precision manufacturing facility. The company specializes in precision machining of aluminum, titanium, stainless steel, steel bar stock, castings, and forging of these materials. Their niche is precision machining and assembly of aerospace, automotive, nuclear,...

North America: United States: Alabama: Madison County: HuntsvilleHuntsville, Alabama, United States

Available On Request

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North America: United States: Alabama: Madison County: HuntsvilleHuntsville, Alabama, United States

$139,900

"If you can dream it, you can build it", at least that is how this metal fabricating & ornamental iron business started.
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